Engineering Collaboration Sri Zaheer Dean and Elmer L

Engineering Collaboration Sri Zaheer Dean and Elmer L. Andersen Chair in Global CSR The 6 th International Business School Shanghai Conference October 17, 2016

Inter-collegiate collaboration Education E a s y • Dual Degrees MBA + Applied Economics, Human Resources, JD, MD, Healthcare Admin, Public Policy, Business Analytics, Pharmacy • Large scale cross-listed courses – Medical Industry Valuation Lab – Integrative Leadership Research • Individual partnerships • Joint infrastructure – Maker Spaces • One college offering courses specifically for another H a r d – New Product Development – Entrepreneurship for Music majors – Anatomy & Physiology for Managers • Joint programs – MINCORPS “START UP” course – Management of Technology • Large-scale programmatic research

Some examples of what’s working and why E a s y § New Product Design & Business Development § Medical Industry Valuation Lab H a r d § MIN-Corps & STARTUP § Food & Agriculture Partnership

New Product Design & Business Development Collaboration with College of Science and Engineering connects leading companies with graduate students to develop new products.

MIN-Corps Joint initiative to increase research-based technology commercialization capabilities and activities across the University of Minnesota. Run a “start-up” course, bootcamps and workshops for students across the U

Medical Industry Valuation Lab 2014 Collaboration with University of Shanghai for Science and Technology to conduct market valuations for new medical technologies.

Food and Agriculture Partnerships Carlson School alum developed an irrigation business in India as part of interdisciplinary course.

Tips for Engineering Collaboration § Much of your early reaching out might yield "they're not that into us" results. You have to focus in on those who are. . . § Trust and goodwill are critical in the early stages so TOP leadership has to be bought in from the start. § There must be something in it for everyone. This can be curricular, relational, financial etc. But there have to be somewhat clear positive outcomes for both sides.